M&A Deal Summary

Solugenix Acquires SEI

On November 1, 2019, Solugenix acquired information technology company SEI

Acquisition Highlights
  • This is Solugenix’s 1st transaction in the Information Technology sector.
  • This is Solugenix’s 1st transaction in the United States.
  • This is Solugenix’s 1st transaction in North Dakota.

M&A Deal Summary
Date 2019-11-01
Target SEI
Sector Information Technology
Buyer(s) Solugenix
Deal Type Add-on Acquisition

Target

SEI

Grand Forks, North Dakota, United States
SEI LLC is a provider of high-quality, custom support solutions for mission-critical environments. The company's 24×7 network of U.S.-based support professionals provides single-point-of-contact issue resolution, working with a network of software, hardware and field service providers. SEI’s custom support portal allows end-users to choose support vehicles and channels that are convenient for them while providing corporate clients with information and analysis for true problem management. SEI was formed in 1969 and is based in Grand Forks, North Dakota.

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Buyer(S) 1

Buyer

Solugenix

Brea, California, United States
Category Company
Founded 1969
Sector Information Technology
DESCRIPTION

Solugenix Corp. helps its clients leverage leading-edge technologies to leapfrog their competition and blaze new trails. Solugenix has many firsts, including pioneering work in GPS-based vehicle navigation, managing high-value, high-risk and high-throughput financial applications with ultra-uptime needs, and recently, implementing and supporting hundreds of Bots to perform complex back-office tasks for large enterprises. Solugenix capabilities include custom business application development, enterprise system integration, application production support for highly regulated industries, customer support, field service coordination, AI/ML for actionable insights and Robotic Process Automation. Solugenix teams serve their clients from 12 U.S. states. Solugenix was formed in 1969 and is based in Brea, California.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Dakota) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

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